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, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over % of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your wor. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this so. >> it is 22 minutes past the hour. i have your fox news minute. school is back in session and newtown, connecticut, with the exception of sandy hook elementary. meanwhile, mourners paying final respects to two more students killed in that tragic shooting. government officials say that the -- is working to stabilize the condition. they have not decided if he will be treated in baghdad or another country. a harvard university astronomer is think the device is stumbling in space and officials have not pic
precipitously. the u.s. dollar, now a dollar 302 by the euro. six months ago. this was more like a dollar 25. deming, the dollar has done really week of the last rebel days, has it not? >> i am really shocked at the euro is doing as well as it is. somewhere down the line there will have to ease. it has been doing this as the whole time. has a lot to do with the fed meeting last week. the special -- perpetual qe and is not doing anything to help the ballot right now. liz: in the end you do want a strong dollar. i know some big multinational space to the u.s. that not only won a weak dollar to make our products cheaper, but i'll talk to carlos about this in a minute. let me get to that nymex. obviously whale is an interesting play, but i you guys talking a lot about this gold price behavior? this is really weird. >> well, it is tied in w dollar. so many people leading the same way. all the sudden you start to see it. stocks got hit and people start to panic. you basically have people that look in to say, you know, this dollar is going to get smacked. the reverse my position. liz: speaking of s
economy? any or all of thisould have happened, but the story is a warning signal for politicians in the u.s. if you believe you could have financed contamination on the back of the wealthy, think again. it is not that eas. we need better operating of a fair tax system in which everyone has skin in the game rather than trying to find out where the money is. by the way, how much money do you think and slick willie get away with in 40 years of robbing banks? just $2 million. at thought it was more. that's what i think. now we want to know what you think. coming in the mail. gerri@foxbusiness.com. >> coming up on "the willis report," hurricane sandy slammed into the east coast over one month ago. why are victims still waiting on a? and what is fema doing with the cash? the president of ericsson insurance advisers ways in next. and guess which state the highest paid truper lives in? queue will not believe how much some are milking taxpayers. we will have the averages tails later. also, what has nine lines and six toes? find out why their government is cracking down on these level for balls. we a
. it is called project blitzkrieg. get this, in early pilot program they have already stole $5 million from u.s. bank accounts. here to talk about how to protect your hard-earned cash. we have colonel layton, security analyst and former deputy director with the national security agency. colonel, welcome back to the show. i should say colonel cedric layton. >> my pleasure, melissa. great to be with you. melissa: break this down for me. what exactly is going on? >> what is going on, melissa. there is a guy named --. melissa: i'm glad you had to say that, not me. >> he is, basically means thief in law. in russian. so he is literally a godfather-like figure within the russian hacker community. he is very brazen. posts a lot of stuff on youtube that talks about exactly what he will do. he is interested in going after people's money and he is targeting particularly affluent private banking customers, rich people all over the world but particularly in the united states. and during this last attack, that he was involved in, this basic test run for operation blitzkrieg, what he ended up doing he ended u
versus the dollar on speculation that u.s. lawmakers will reach a deal on the fiscal cliff. why that makes the euro so much stronger, you know, the euro hit intraday high of 1.3238, it is up 1.6% so far this month alone against the greenback. homebuilder confidence jumping to its highest level in more than six and a half years in december. the national association of homebuilder index posting its climbing 2 points to 47 this , month. a lot of optimism today. david: and we have the numbers from oracle. they are out. adam shapiro has been parsing through he numbers. adam: investors will be pleased with oracle. revenue of 9.1 billion, up 3%. and the street was expecting 9.02 billion. one thing i want to tell you from the press release, they are saying that cloud software subscriptions revenues were up 17% to 2.4 billion. and that's one of the things that investors are really paying attention to as oracle goes into that space. david: that is one of the things they are pushing most heavily into. adam, hank you very much. let's get reacts from the chicago mercantile exchange. larry,
will definitely check back in with you. melissa: about to invade u.s. banks and steal money? a plot straight out of the movies but we will bring you the real-life details straight ahead. lori: heading to break with a big rally on the s&p market today. no need for a safe haven, $22.50 down on that. back with more after this. melissa: welcome back. let's check the market, nicole petallides on the floor of the new york stock exchange watching toyota for us. nicole: watching toyota because sometimes when the news comes through, you can get some clarity on a stock. up about 3% on the moves we are seeing today moving back to neww highs, 52-week highs, highs we have not seen in years. they were ordered to pay record fines over $17 million for failing to report a defect to the u.s. government in a timely matter. toyota has been over the years with all kinds of things including acceleration on the floor mat, etc. back to you. melissa: nicole, thank you so much. lori: time to make money with charles payne. this hour he is helping us make cash in the tech sector with the global leader of cloud infrastructu
in is giving help to our economy, and that requires printing of u.s. dollars and lots of them as the fed has been doing. i thhnk one of the small reasons why you're paying more for gas today than you did last year at this time is basically because our dollar is buying us slightly less now than it did then. however, there is another side of this and we have a technical p picture that absolutely shows us that gasoline is in a downward parallel channel and certainly would go lower as time passes and we're now looking at the 200-day moving average for the crude oil market which is getting below that. melissa: it is moving down, no question. >> absolutely. melissa: i have one reason for that. i was looking at stats, consumption is expected to be 8.73 million barrels a day. that is the lowest level since 2001. why do you think our gasoline consumption is so low right now? >> you know, there is a lot of conservationism going on. there are a lot of cars now that are not using nearly as much gas as they used to. melissa: no, that is not it. come on. >> there is lot of things that come together here.
will be the only african american in the u.s. senate. the but, spent from south carolina elected to succeed jim demint. here to weigh in from the weekly standard. what do you make of this? it is fascinating to me that the only black senator would be a very conservative tea party candidate. >> the irony given all of the hammer and we have seen at the 2012 election about the lack of diversity amongst republicans and what have you is if you look across the republican party and people likely to be leaders in the politics 10, 15 years from now, many republicans of a variety of ethnic and racial backgrounds were most likely to be the leaders whether it is tim scott or marco rubio, brian sandoval, these are people who are widely looked at bipartisan fashion. with that as for the coleaders in america. they're all republicans. gerri: it is really fascinating. this to say about the selection. >> while i get this minority female, that is what everybody wants to talk about, i want to remind everybody he earned this for the person he is, he earned proven and he will continue to earn it for the leadershileaders
created by the federal reserve system and foreign central banks to finance the u.s. trash -- treasury makes it a situation where americans cannot appreciate the fiscal cliff sit. the deficit goes on as if there were no deficits because the banks are printing money to finance it. lou: with the projection that we're looking at a federal reserve balance sheet that will expand by a trail dollars over the course of the -- trillion dollars over the course of the next 12 months. that's significant funding into the monetary system. what do you think? is it a fore gone conclusion we'll see finally, and i'm not encouraging, but saying, finally, the true inflation? >> my own forecast for what it's worth is that the inflation will not really pick up until the unemployment rate falls much closer to 6%. the wages are so much under control that it's made, actually, the working people of america much more competitive with their competitive nations abroad which, i think, will be one of the surprises next year that we may do better next year, even under fiscal cliff arrangements. lou: can we do better
-- before that. >> and he went back after years and moved his-- he came back to the u.s. with his family and he's he not the only one, and the three wealthiest men in f out and these guys, now, they have he' left and they are their moving out wasn't seen as such heroic move. i think it was a lot of, kind, teeth grinding. so i think that depardieu, who whom this revolt is going to happen. i hope so so for france's sake. stuart: there's an argument in america at the moment raising the tax rate on upper income people and the argument, does it actually bringgin more money. what about france? they've got a much higher tax rate. 75%, is it going to bring in all of the money they thought it would go going to bring in? >> no, it's never going to. in fact, because people like gerard depardieu are productive and make the most money are going to, the idea that you start taxing like crazy people they're going to actually just give you their money, not budge, not change anything, is actually-- >> do you think that france will ever accept much less of a welfare state, real serious cuts in their entitl
all the employees, whether or not they are members of the union. neil: i mean, not the u.s. are -- i talked to lawyers all the time. i never understand you guys. you are so brilliant. there is an argument to be made that they're not part of the union or could benefit from a government they make, so there might be a stipulation for nonunion union members, do you know what i mean? >> plus break this down and make it simple. neil: i like that. it's very effective. go on. neil: employees had to pay a very small percentage of their income to the unions for representation. as a result of this law, it will no longer be mandatory for employees to make those payments. as a result, the unions will be representing all of the employees, but without necessarily being paid. it will become a voluntary basis, whether or not these employees want to pay a couple of hundred dollars per year. neil: that is exactly right. do you agree? >> i believe -- is all about choice, giving employees and workers a choice. if the unions decide that they want to change the way they handle things, then that is on them.
Search Results 0 to 12 of about 13 (some duplicates have been removed)